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Once your return has been accepted, you cannot change your bank information. If you are wanting to change your bank information for the stimulus money, the IRS will go by the information on your tax return. If you banking information is incorrect, then you would be automatically switched to receiving a check.
Once your return has been accepted, you cannot change your bank information. If you are wanting to change your bank information for the stimulus money, the IRS will go by the information on your tax return. If you banking information is incorrect, then you would be automatically switched to receiving a check.
what if that account has closed is there anything else to do
In the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail.
This information was recently updated on the IRS Coronavirus website located here. This is where all information is updated as it comes in.
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